Gain Debt Relief Assistance with a Bankruptcy Lawyer in White Oak, PA
Dealing with financial difficulties can sometimes feel like an uphill battle. When you’re dealing with exorbitant medical expenses, termination of employment, a divorce, or a wide variety of other circumstances beyond your control, financial stability can be hard to maintain. If you’ve been dealing with major financial troubles, turn to a dedicated bankruptcy lawyer in White Oak, PA, for the legal assistance you need to get a handle on your financial situation. We’ll help you determine if you should file jointly or individually, and in most cases we can set up a plan to slash your monthly expenditures by using the White Oak Pennsylvania Bankruptcy Laws to keep your payments low. In many cases:
- Vehicle payments may be lowered and the balance reduced.
- Some creditors may receive only pennies on the dollar and their remaining balances are wiped out.
- Interest can be eliminated or reduced on many debts.
- Past due house notes can be caught up over 60 months.
- Past due realty taxes can be paid over 60 months.
- Past due child support and alimony can be paid over 60 months.
- You may keep or give up some property if you desire.
- Some liens can be wiped out.
- IRS taxes can be paid over 60 months, and sometimes all or part of the taxes can be eliminated.
Hire the Best Bankruptcy Law Firm in White Oak, PA
At McElrath Legal Holdings, LLC., our legal team is committed to helping clients faced with financial burdens find agreeable debt relief solutions to help them take control of their situations. Bankruptcy laws are designed to help consumers alleviate financial burdens and stresses that come with unwanted and unexpected life changes. With over 17 years of experience, the team at our bankruptcy law firm has what it takes to assist you by utilizing these laws to turn your current situation around. Trust our bankruptcy attorney to help you regain your financial footing. Visit our office for an initial consultation to determine your unique needs and work toward earning a fresh start. Usually you will have to make one court appearance with us, and then we take care of all other matters relating to your Chapter 13 case during the repayment period. At the conclusion of your plan you will be current on your home and with very few exceptions, debt-free. You are generally entitled to a discharge upon completion of all payments under the plan provided (1) you have paid all alimony and child support; (2) have not received a discharge in a prior case filed within two years for prior Chapter 13 cases and four years for prior Chapter 7 cases; and (3) completed an approved course in financial management. The discharge releases the debtor from all debts provided for by the plan or that have been disallowed, with few exceptions. After confirmation of a plan, circumstances may arise that prevent the debtor from completing the plan. In such situations, the debtor may ask the court to grant a “hardship discharge” or possibly convert the case to a Chapter 7 case
Bankruptcy Attorney in White Oak, PA
Chapter 13 bankruptcy is a good option for people with regular incomes who have unpaid bills and debts that have reached unmanageable levels. It is particularly suited for those who own significant assets they wish to keep, such as a home or small business. You may also qualify for bankruptcy exemptions. For others, a Chapter 7 bankruptcy may be the better option. White Oak, Pa bankruptcy attorney McElrath Legal Holdings LLC can review your situation and determine which path makes the most sense for you. Depending on your financial situation and the level of assets you wish to protect, bankruptcy can help stop creditor harassment in White Oak, Pa, stop the foreclosure process in White Oak, Pa, and help get back a repossessed vehicle. Contact our bankruptcy lawyers in White Oak, Pafor debt relief solutions that put you back on the path to financial security. With multiple offices throughout the state, we proudly serve clients all throughout Pennsylvania.